The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ACTAVIS PLCSHSG0083B108277,821933,475SH SOLENONE933,47500
AERCAP HOLDINGS NVSHSN00985106176,0214,032,555SH SOLENONE4,032,55500
AG MORTGAGE INVESTMENT TRUST ICOM0012281053,768200,000SH SOLENONE200,00000
ALTISOURCE PORTFOLIO SOLUTIONSREG SHSL0175J10422,0381,712,351SH SOLENONE1,712,35100
AMERICAN INTERNATIONAL GROUP ICOM026874784212,2853,874,526SH SOLENONE3,874,52600
ANADARKO PETROLEUM CORPCOM03251110752,174630,049SH SOLENONE630,04900
ARBOR REALTY TRUST INCCOM03892310820930,000SH SOLENONE30,00000
ASHLAND INCCOM044209104104,265818,987SH SOLENONE818,98700
ATLAS ENERGY GROUP LLCCOM04929Q10223,6983,943,173SH SOLENONE3,943,17300
ATLAS RESOURCE PARTNERS LPCOM UNT LTD PR04941A10133,6434,363,594SH SOLENONE4,363,59400
ATLAS RESOURCE PARTNERS LPCOM UNT LTD PR04941A1017,473969,200SH SOLENONE969,20000
BAKER HUGHES INCCOM0572241072,35937,100SH SOLENONE37,10000
CAESARS ACQUISITION COCL A12768T1031,408206,992SH SOLENONE206,99200
CAESARS ENTERTAINMENT CORPCOM12768610377,2117,332,471SH SOLENONE7,332,47100
CENTURY COMMUNITIES INCCOM1565043004,802248,400SH SOLENONE248,40000
CHIMERA INVESTMENT CORPCOM16934Q209188,98860,187,237SH SOLENONE60,187,23700
CITIGROUP INCCOM172967424221,5644,300,550SH SOLENONE4,300,55000
CITIZENS FINANCIAL GROUP INCCOM1746101054,826200,000SH SOLENONE200,00000
COMCAST CORPCL A SPL20030N20098,5551,757,872SH SOLENONE1,757,87200
CURIS INCCOM231269101720300,000SH SOLENONE300,00000
DBX ETF TRDBXTR HAR CS3002330518794,164100,000SH SOLENONE100,00000
DISH NETWORK CORPCL A25470M109151,6462,164,515SH SOLENONE2,164,51500
DOW CHEMICAL CO/THECOM26054310389,9101,873,900SH SOLENONE1,873,90000
E*TRADE FINANCIAL CORPCOM269246401140,4034,916,934SH SOLENONE4,916,93400
EASTMAN CHEMICAL COCOM277432100107,3061,549,326SH SOLENONE1,549,32600
EBAY INCCOM278642103106,3041,843,000SH SOLENONE1,843,00000
ELLINGTON FINANCIAL LLCCOM28852230322,8311,146,700SH SOLENONE1,146,70000
ESPERION THERAPEUTICS INCCOM29664W1052,31525,000SH SOLENONE25,00000
FCB FINANCIAL HOLDINGS INCCL A30255G10327,4531,003,034SH SOLENONE1,003,03400
FCB FINANCIAL HOLDINGS INCCL A30255G10315,054550,000SH SOLENONE550,00000
FIFTH STREET ASSET MANAGEMENTCL A31679P1092,574228,400SH SOLENONE228,40000
GAMING AND LEISURE PROPERTIESCOM36467J10849,5391,343,606SH SOLENONE1,343,60600
GENERAL MOTORS COCOM37045V10068,9781,839,423SH SOLENONE1,839,42300
GLOBAL X FDSFTSE GREECE 2037950E36616,0461,456,037SH SOLENONE1,456,03700
GROUPON INCCOM CL A39947310785,07111,799,075SH SOLENONE11,799,07500
GULF COAST ULTRA DEEP ROYALTYROYALTY TR UNT40222T10413,37418,783,993SH SOLENONE18,783,99300
HRG GROUP INCCOM40434J10051,3524,114,763SH SOLENONE4,114,76300
HRG GROUP INCCOM40434J10082,7926,634,000SH SOLENONE6,634,00000
HUMANA INCCOM444859102105,637593,400SH SOLENONE593,40000
INOVALON HOLDINGS INCCOM CL A45781D1014,532150,000SH SOLENONE150,00000
INSMED INCCOM PAR $.014576693071,56075,000SH SOLENONE75,00000
INTERNATIONAL BUSINESS MACHINECOM45920010153,457333,067SH SOLENONE333,06700
ISHARES TRCHINA LG-CAP ETF4642871845,550125,000SH SOLENONE125,00000
ISHARES TRMSCI INDIA EFT46429B59818,391575,000SH SOLENONE575,00000
ISHARES TRRUSSELL 2000 ETF46428765519,650158,000SH SOLENONE158,00000
JPMORGAN CHASE & COCOM46625H10066,7591,102,000SH SOLENONE1,102,00000
JUNO THERAPEUTICS INCCOM48205A1093,03350,000SH SOLENONE50,00000
KAR AUCTION SERVICES INCCOM48238T109123,4003,253,361SH SOLENONE3,253,36100
KINDER MORGAN INC/DECOM49456B101127,8293,039,196SH SOLENONE3,039,19600
KKR & CO LPCOM UNITS48248M102101,0654,430,748SH SOLENONE4,430,74800
LORAL SPACE & COMMUNICATIONS ICOM54388110669,9691,022,342SH SOLENONE1,022,34200
LYONDELLBASELL INDUSTRIES NVSHS - A -N5374510092,2891,051,122SH SOLENONE1,051,12200
MCKESSON CORPCOM58155Q103158,160699,203SH SOLENONE699,20300
MEDIA GENERAL INCCOM58441K1001,20075,000SH SOLENONE75,00000
MELCO CROWN ENTERTAINMENT LTDADR58546410057,1312,662,193SH SOLENONE2,662,19300
METLIFE INCCOM59156R1082,02240,000SH SOLENONE40,00000
MOBILEYE NVORD SHSN514881176,305150,000SH SOLENONE150,00000
MOTOROLA SOLUTIONS INCCOM620076307180,5672,708,376SH SOLENONE2,708,37600
MVC CAPITAL INCCOM55382910223725,000SH SOLENONE25,00000
NAVIENT CORPCOM63938C108166,2798,178,979SH SOLENONE8,178,97900
NEFF CORPCOM CL A6400942072,635250,000SH SOLENONE250,00000
NEW MEDIA INVESTMENT GROUP INCCOM64704V10673,3643,065,769SH SOLENONE3,065,76900
NEW RESIDENTIAL INVESTMENT CORCOM64828T20168,9054,584,499SH SOLENONE4,584,49900
NEW SENIOR INVESTMENT GROUP INCOM64869110346,9152,821,118SH SOLENONE2,821,11800
NORDIC AMERICAN OFFSHORE LTDSHSY6366T11246,8005,109,179SH SOLENONE5,109,17900
OASIS PETROLEUM INCCOM6742151085,980420,500SH SOLENONE420,50000
ORION ENGINEERED CARBONS SACOML7296710911,336629,800SH SOLENONE629,80000
PANERA BREAD COCL A69840W10825,279158,000SH SOLENONE158,00000
PARAMOUNT GROUP INCCOM69924R1081,930100,000SH SOLENONE100,00000
PDC ENERGY INCCOM69327R1012,70250,000SH SOLENONE50,00000
PENNYMAC FINANCIAL SERVICES INCL A70932B10155,8583,291,600SH SOLENONE3,291,60000
PENNYMAC MORTGAGE INVESTMENT TCOM70931T10359,4162,790,801SH SOLENONE2,790,80100
POWERSHARES QQQ TRUSTUNIT SER 173935A10419,430184,000SH SOLENONE184,00000
PVH CORPCOM69365610062,480586,341SH SOLENONE586,34100
QEP RESOURCES INCCOM74733V10085,9484,122,227SH SOLENONE4,122,22700
REALOGY HOLDINGS CORPCOM75605Y10666,6951,466,462SH SOLENONE1,466,46200
SANDRIDGE ENERGY INCCOM80007P30743,30824,330,069SH SOLENONE24,330,06900
SEARS HOLDINGS CORPCOM81235010635,949868,752SH SOLENONE868,75200
SELECT SECTOR SPDR TRSBI HEALTHCARE81369Y20926,535366,000SH SOLENONE366,00000
SHIRE PLCSPONSORED ADR82481R106119,691500,192SH SOLENONE500,19200
SIRIUS XM HOLDINGS INCCOM82968B103213,52155,895,494SH SOLENONE55,895,49400
SOLAREDGE TECHNOLOGIES INCCOM83417M1046,579300,000SH SOLENONE300,00000
SPDR SERIES TRUSTS&P HOMEBUILD78464A88827,645750,000SH SOLENONE750,00000
SUMMIT MATERIALS INCCL A86614U10013,290600,000SH SOLENONE600,00000
SUNEDISON INCCOM86732Y109211,1158,796,471SH SOLENONE8,796,47100
TARGA RESOURCES CORPCOM87612G101187,8121,960,664SH SOLENONE1,960,66400
TARGA RESOURCES PARTNERS LPCOM UNIT87611X105163,0853,943,050SH SOLENONE3,943,05000
TEEKAY LNG PARTNERS LPPRTNRSP UNITSY8564M10574720,000SH SOLENONE20,00000
TERRAFORM POWER INCCL A COM88104R10031,379859,466SH SOLENONE859,46600
TESARO INCCOM8815691072,87050,000SH SOLENONE50,00000
THL CREDIT INCCOM87243810611,201911,406SH SOLENONE911,40600
TIME WARNER CABLE INCCOM88732J20739,254261,900SH SOLENONE261,90000
TIME WARNER INCCOM88731730369,908827,900SH SOLENONE827,90000
TRANSOCEAN PARTNERS LLCCOM UNIT RP LTY8977Y10014,2011,159,228SH SOLENONE1,159,22800
TRIBUNE MEDIA COCL A896047503167,2182,749,836SH SOLENONE2,749,83600
TWENTY-FIRST CENTURY FOX INCCL A90130A10188,7282,622,000SH SOLENONE2,622,00000
TWO HARBORS INVESTMENT CORPCOM90187B1011,062100,000SH SOLENONE100,00000
UNITED CONTINENTAL HOLDINGS INCOM910047109190,6692,835,228SH SOLENONE2,835,22800
VIVINT SOLAR INCCOM92854Q1064,856400,000SH SOLENONE400,00000
WPX ENERGY INCCOM98212B10338,8413,553,637SH SOLENONE3,553,63700
XL GROUP PLCSHSG9829010211,088301,300SH SOLENONE301,30000